What Does Moon Mean?
If you delve into Crypto Twitter/X, you’ll often come across the term “moon” used by bullish enthusiasts, often accompanied by rocket emojis.
From Earth to the Stars
Since the early days of Bitcoin, “moon” has been widely used to express sentiment towards cryptocurrencies.
When someone says, a digital asset is “going to the moon,” they believe that the price will experience significant and possibly rapid increases.
Exploring Cryptocurrency Slang
Like other crypto terms, tracing the word’s exact origin is challenging.
However, it is believed that “moon” became popular around 2017 when Bitcoin surpassed $20,000 for the first time, marking a significant milestone in cryptocurrency history.
Another term commonly used similarly is “Lambo,” which refers to Lamborghinis.
“When Lambo” is used to inquire when others believe a crypto investment will have appreciated enough value to afford a luxury car.